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Mexico: PEMEX Considering Construction of Eight to Twelve New Jack-up Rigs

Emilio Lozoya Austin, CEO of Mexico’s state-controlled oil company PEMEX, has visited Keppel Fels shipyard in Singapore, where the company’s two jack-up rigs are under construction, said PEMEX in a press release issued on Wednesday.

The rigs, of KFELS B Class jackup design, are scheduled for delivery in 2015. The two jack-ups, able to operate in water depths of up to 400 feet and drill to depths of 30,000 feet, will be deployed in the shallow waters of the Gulf of Mexico.

During his visit, Lozoya Austin said that PEMEX is undergoing the most ambitious drilling program in decades. He said that the Mexican oil company is working to become an oil company with the world’s highest number of jack-up rigs in operation.

Lozoya Austin also added that, as a part of Pemex’s rig fleet expansion program, eight to twelve new offshore jack-up rigs will be constructed. Pemex currently operates 41 offshore drilling rigs, five of which are semi-submersibles and 36 of those are jack-ups.

The head of PEMEX, the world’s fourth-largest crude producer at 2.5 million barrels per day, also visited the Jurong shipyard SembCorp and SembCorp PPL.

PEMEX Considering Construction of Eight to Twelve New Jack-up Rigs| Offshore Energy Today.

Texas (Brownsville): Keppel Gets Jack-up Rig Order from Mexican Company

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Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Mexico’s Perforadora Central SA de CV (Perforadora Central) to build a repeat jackup rig worth US$205 million.

Slated for delivery in 1Q 2014, this latest high specification unit will be based on the LeTourneau Super 116E design with leg lengths of 511 ft and the capability to drill wells up to 30,000 ft at a water depth of 375 ft.

Mr Tan Geok Seng, President of Keppel AmFELS, said, “Keppel AmFELS has had a great relationship with Perforadora Central that dates back to 2002. Once again, we are honoured to be building another jackup, our fourth, for Perforadora Central and are very grateful to them for their continued trust and confidence in us.

“We have endured the post-Macondo challenges well. Having recently secured the Ocean Onyx semisubmersible major upgrade and a series of repairs, this newbuild jackup adds to a healthy workload through 1Q 2014. We also continue to pursue projects from Pemex and we are optimistic about our chances.”

In keeping with its tradition of safe, on-time and within-budget deliveries, Keppel AmFELS completed Tonala, an ultra premium KFELS B Class jackup rig for Perforadora Central in 2004, followed by Tuxpan, a LeTourneau S116E rig in 2010. The Papaloapan jackup, which was ordered by Perforadora Central in March 2011, is under construction and on track for delivery 1Q2013.

Perforadora Central expressed, “With each successive project, Keppel AmFELS has reaffirmed its expert project management and construction capabilities, as well as commitment to the highest standards of safety and quality.

“Our Tonala and Tuxpan jackups are turning in excellent performances for PEMEX in Mexico while construction of Papaloapan is ahead of schedule. We are just as confident that our latest newbuild by Keppel AmFELS will be another exceptional product to boost our track record and establish us as the foremost provider of drilling solutions in Mexico.”

Perforadora Central is a Mexican company providing offshore and onshore drilling service mainly for PEMEX.

The above contract is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.

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USA: Keppel to Turn Ocean Voyager into Ocean Onyx

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Keppel AmFELS, a shipyard strategically located at the gateway of the Gulf of Mexico, Brownswille, Texas has secured a contract from Diamond Offshore to construct and upgrade a moored semisubmersible rig with delivery scheduled for 3Q 2013. The estimated shipyard contract price is approximately US$150 million.

The rig, to be named Ocean Onyx, will be constructed from an existing hull from a Diamond Offshore cold stacked unit, which previously operated as the Ocean Voyager.

Keppel AmFELS’ scope of work on the Ocean Onyx includes the reconstruction of the rig, installation of advanced equipment such as a modern drilling package, and installation of sponsons to the pontoons to enhance the stability of the rig in deepwater. The rig will be designed to operate in water depths of up to 6,000 feet and will have a variable deck load of 5,000 long tonnes, a five-ram blowout preventer, and quarters capacity for 140 personnel.

Mr Larry Dickerson, President and CEO of Diamond Offshore, said, “We have worked with Keppel for more than a decade, and our rigs have consistently been delivered on time and within budget, whether in the US or Singapore. With Keppel’s track record as a leading offshore yard, we are confident that this project will also be a success.”

Keppel O&M has previously built four similar semisubmersible rigs for Diamond Offshore: the Ocean Baroness, Ocean Rover, Ocean Endeavour and Ocean Monarch.

Mr Tan Geok Seng, President of Keppel AmFELS, said, “We are pleased to be able to embark on another major rig project for Diamond Offshore, who has worked with Keppel on more than 20 projects since 1996. Diamond’s rigs are sent regularly to our yards around the world for maintenance, repair and upgrade, and Keppel AmFELS has proven to be their choice yard in the US Gulf of Mexico. Having built a long-term partnership with Diamond, we understand the company’s needs and are confident of delivering another high quality rig to their satisfaction.”

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Bermuda: AOD to Increase Water Depth Capacity for its Jack-ups

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Asia Offshore Drilling Limited (the “Company”) has decided to increase the water depth capacity from 350 feet to 400 feet for its three jack-up rigs under construction. This investment will increase the marketability of the rigs, allowing them to successfully operate in more offshore areas.

The additional capital expenditure to extend the legs is estimated to be below US$ 5 million per rig. These upgrades will have some impact on the delivery schedule of the first two rigs, as the first rig will be delivered in the first calendar quarter of 2013 and the second rig will be delivered by the end of the second calendar quarter of 2013. The delivery of the third rig remains unchanged at the end of the third calendar quarter of 2013.

The Board believes these upgrades will improve the long-term return on investment for the Company’s shareholders. The Company has an option for construction of one more jack-up rig at Keppel FELS that matures on September 30, 2011. The Board has resolved to not exercise this option. Given the prevailing uncertainty and volatility in the financial markets, the Board’s objective is to enhance the quality, marketability and value of the existing rigs rather than incur additional financial  risk by ordering a fourth rig. The decision not to exercise the option will ensure that the Company remains fully financed up to the delivery of the first rig in 2013.

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Chinese-built oil rig setting sail for Cuban waters

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HAVANA,  (Reuters) – A new, Chinese-built drilling  rig was expected to depart Singapore yesterday or later this  weekend on its way to Cuba where it will be used to usher in a  new era in offshore oil exploration for the communist-led  island.

The Scarabeo 9, owned by Italian oil giant Eni SpA’soffshore unit Saipem and contracted in Cuba by Spanish oil firm  Repsol YPF, was anchored in Singapore and ready to leave on  what an Eni spokesman said would be an 80-day voyage.

A Western diplomat in Havana said the rig would stop in  South Africa and Brazil before reaching Cuba in November, with  the expectation it will start drilling shortly after arrival.

Oil experts on the island say Cuba may have 20 billion  barrels of oil in its still-untapped portion of the Gulf of  Mexico, although the U.S. Geological Survey estimates reserves  are a more modest 5 billion barrels.

Repsol drilled a well in Cuban waters in 2004 and found oil  there, but for various reasons, including the longstanding U.S.  trade embargo against the island, has not drilled again.

For Cuba, a big oil find will give its struggling economy a  boost and reduce or eliminate its dependence on oil-rich  leftist ally Venezuela, which ships 113,000 barrels a day to  the island at reduced prices.

Opponents of the Cuban government fear that if significant  oil reserves are discovered, it will only further entrench the  communist system and its leaders.

Cuban President Raul Castro, 80, is in the midst of  liberalizing the Soviet-style economy with the goal of assuring  the survival of communism once he and his elderly leadership  group are gone.

The Scarabeo 9, which has the latest technology and is  capable of drilling in up to 12,000 feet (3,600 metres) of  water, was built in Yantai CIMC Raffles Shipyards in Yantai,  China, but  after a number of delays was shipped to the Keppel  FELS shipyard in Singapore last fall for completion.

Singapore: Keppel Completes Scarabeo 9 for Saipem

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Keppel FELS Limited (Keppel FELS) is on track to deliver Scarabeo 9, a 6th generation ultra-deepwater semisubmersible drilling rig, to Saipem S.p.A (Saipem) on time and with no lost time incidents.

A significant part of Keppel FELS’ workscope on Scarabeo 9 involved the completion and commissioning of marine and drilling systems onboard. The rig was named today by Lady Sponsor, Mrs Anna Tatka, spouse of Mr Pietro Franco Tali, CEO of Saipem.

Speaking at the ceremony, Mr Tali said, “With Keppel’s proven track record, we were confident of receiving a rig of the highest quality delivered on time and in a safe manner. This sixth generation rig will be an important addition to our fleet as we expand our foothold to be one of the best balanced turnkey operators in the offshore and marine industry.”

The Frigstad D90 semisubmersible rig is equipped with a Dynamic Positioning 3 system and will be capable of operating in water depths of up to 3,600 meters.

Mr Tong Chong Heong, CEO of Keppel Offshore & Marine, added, “In completing this complex rig, we leveraged our in-house engineering expertise, proven project management and execution capabilities to ensure quick turnaround times in providing value added solutions.

“We thank Saipem for their trust in us and are glad to be able to demonstrate our capabilities with this safe and on time delivery. This extends to all our projects for Saipem, including the completion of Castorone at Keppel Shipyard. We look forward to supporting Saipem as they grow their fleet of high specification products for different parts of the world.”

Keppel’s current projects for Saipem include the completion of a newbuild pipe laying vessel, Castorone, which is being jointly undertaken by Keppel Shipyard and Keppel Singmarine.

Saipem has also previously sent the Saipem 7000, a semisubmersible crane and pipelaying vessel, for drydocking at the Keppel Verolme shipyard in the Netherlands in 2007. More recently, Keppel Verolme completed the repair and modification of the semisubmersible pipelay vessel, Castoro Sei.

Original Article

Singapore: Sembcorp Signs MOA with Ecospec to Provide Green Solutions to Offshore Industry

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Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine has signed a Memorandum of Agreement (MOA) with Ecospec Global Technology to provide customized and greener environmental solutions to the marine and offshore industry.

In anticipation of the huge demand for green environmental solutions to meet international and local regulations, this MOA will provide both companies with the capability to serve this demand and at the same time play a role in enhancing environmental protection. The objective of this partnership is to tap on the forte of both parties: Sembawang Shipyard’s design and engineering expertise and Ecospec’s technological developing capabilities to provide ship-owners with innovative and effective green solutions for complying with stringent international and local regulations. Ecospec which is an enterprising Singapore-based research and development technological company is a market leader in advance emission reduction and environmental technologies with an international presence and numerous technology patents to its name. Ecospec has developed the world’s first emission abatement technology, CSNOx capable of removing SOx, CO2 and NOx in one system and yet the quality of wash water surpasses all IMO criteria, thus not resulting in secondary pollution. To cater to shipowners’ emission reduction goals, different versions of CSNOx have been developed: cSOx, a system primarily to address the SOx issue but achieve at a carbon neutral position and CNOx, a system to take care of NOx emission and again at a carbon neutral position.

Apart from different versions of CSNOx, Ecospec has also developed other systems to provide green, non-chemical solutions for bio-fouling control with its BioMag system; corrosion control, ElMag system; boiler water treatment, ScaMag.

To showcase the variety of these revolutionary systems already developed or to be developed, a new state-of-the-art demonstration site will be erected in Sembawang Shipyard, in a simulated operating condition.

Both companies are confident that the strong co-operation will lead to their increased competitiveness in the marine and offshore industry.

Signing ceremony: (from left) Sembawang Shipyard’s Executive Director Ms Wong Lee Lin and Managing Director Mr P.K. Ong,

with Ecospec Global Technology’s Managing Director Mr Chew Hwee Hong, and General Manager Ms Tany Tay.

About Sembawang Shipyard

Sembawang Shipyard, a wholly owned subsidiary of Sembcorp Marine, has one of the largest integrated ship repair facilities in Southeast Asia. The shipyard’s world-class reputation is based on the company’s commitment to high quality standards, Health, Safety and Environment standards, timely delivery, superior customer service and innovative solutions.

Besides its proven expertise in the sectors of tankers, bulk carriers and container / cargo vessels, the shipyard is also recognised as a specialist in the niche markets such as passenger ship conversion / upgrading/ repairs, LNG carrier repairs, FPSO conversion, offshore conversion and new building, damage repairs and repair of chemical tankers, liquefied gas carriers and navy ships.

In July 2002, Sembawang Shipyard became the first shipyard in South East Asia to achieve ISO14001 Environmental System Certification by Det Norske Veritas Ltd. The certification is a firm endorsement of the shipyard’s commitment and efforts towards environmental preservation and protection.

About Ecospec Global Technology

Ecospec is a Singapore technological company that researches and develops cost-effective solutions to environmental issues in the marine and onshore industries. Founded in 2001, Ecospec has since established itself as a pioneer and global market leader in advanced emissions abatement and environmental technologies with a worldwide presence and numerous technology patents.

( Original Article )

offshoreenergytoday.com

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